One percent special cash assistance on ready made garments

Imran 24/09/2019 RMG Leave a comment 1,246 Views

One percent special cash assistance on ready made garments and In the garment sector, as per the budget announcement Bangladesh Bank has issued a cash aid circular in the export sector with one percent (1%) special assistance. In the circular of the Central Bank, cash assistance has been announced for a minimum of 5 percent to a maximum of 20 percent in different sectors in the current fiscal 2019-2020. The finance minister announced a special cash assistance of 1 percent in the garment sector in the current fiscal year 2019-2020. This 1 percent special cash assistance will be available mainly to those who import raw materials under bonds, which will be exported to the United States, European Union and Canada.